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ULI to honor Gilbert

Dan Gilbert will receive an award from the Urban Land Institute Michigan for his real estate investments, place-making initiative and bringing thousands of workers to downtown Detroit.

A sold-out May 15 event at the Westin Book Cadillac Detroit is expected to draw more than 500 people, including business and real estate executives. An hour-long reception will begin at 6 p.m.; dinner will follow.

Gilbert, founder and chairman of Quicken Loans Inc. and Rock Ventures LLC, has spent more than $1.3 billion to purchase and renovate more than 40 buildings, mostly in the central business district, according to ULI Michigan.